Total receipts stood at 7.86 trillion rupees, while overall expenditure in April to July was at 11.27 trillion rupees. They were 34.4% and 28.6% of this fiscal year's budget target. Revenue receipts stood at 7.56 trillion rupees, of which tax revenue was 6.66 trillion rupees and non-tax revenue was 895.83 billion rupees.
"Under this approved Scheme, the States/UTs Government are offered to lift 15 lakh tonne of chana at the discount of Rs 8 per kg over the issue price of the sourcing State on first come first serve basis," an official statement said on Wednesday.
GDP in the three months to June 30 was probably 15.2% higher than a year earlier, a Reuters poll showed this week. January-March GDP was up 4.1% on a year before. The last time India's GDP achieved higher annual growth was in April-June 2021, when it was 20.1% higher than the pandemic-depressed level of a year before.
The debate over freebies has turned into a bitter political fights between the ruling BJP and the opposition parties like DMK and the AAP. PM Modi's recent "revadi" jibe at political parties doling out freebies triggered a political storm.
The Central Board of Indirect Taxes and Customs (CBIC) in a circular to field offices said the National Customs Targeting Centre (NCTC) has developed system generated centralized examination orders for Bills of Entry (BoE), based on various parameters, and this will be rolled out in phases.
It said India's headline GDP growth has been strong and even accelerating but weak social progress, increasing inequality and a lack of convergence across regions suggest that this growth has failed to translate into the expected improvements in quality of life for many Indians.
"Even if you have relatively conservative real rates of growth of 7-7.5%, we will get to a per capita income of about $10,000... And you will get to a total size of the economy of a little less than $20 trillion in 2047," Debroy said while releasing 'The Competitiveness Roadmap for India@100'.
Since the alpha launch in five cities in April, ONDC has been testing with a closed user group for end to end execution to understand their fulfillment.
